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Crayon Data collaborates with GroupM, Mindshare for India foray

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MUMBAI: Mindshare and GroupM have inked a global alliance with Crayon Data for the latter’s foray into the Indian market. The development comes hot on the heels of last week’s announcement of Ratan Tata investing in Crayon Data.

 

The Singapore based big data start-up has built a proprietary big data platform called SimplerChoices that allows it to ingest, curate and algorithmically predict the tastes of millions of consumers.

 

Together, GroupM, Mindshare and Crayon Data aim to map the taste of millions of Indian consumers, which will allow enterprises to target consumers more precisely. 

 

“GroupM is changing the way marketers approach the business of media. Together with the WPP data alliance, bringing the Crayon Data proposition to India reflects our ambition to know more deeply than anyone else the tastes of Indian consumers and use that to help our clients target them better,” said GroupM India CEO CVL Srinivas.

 

Mindshare South Asia CEO Prashanth Kumar added, “Through this alliance, Mindshare’s proprietary data and research are further enriched with Crayon Data’s analytics. This will help us bring in both agility and adaptive solutions for our clients. Understanding the tastes and mind-set of consumers is extremely important and will be a great advantage for us especially since there is a strong focus on digital. In our journey to understand our consumers even better, this will be a great advantage.”

 

Crayon Data founder Suresh Shankar said, “As life goes digital, and choices proliferate in every aspect of our life, we will move to a world centred around personalisation, where companies understand tastes and preferences at an individual level, and use that to make choices simple and relevant for their consumers.”

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